More Than 20 Companies Competing for Guyana's Oil Marketing Contract

Tuesday, October 17, 2023

More than 20 companies including Exxon Mobil, a unit of Saudi Aramco, BP and Shell have submitted bids to compete for a contract to market Guyana's share of oil production, the government said on Tuesday.

The 12-month contract, which allows the country to export its portion of crude produced offshore by a consortium led by Exxon, had in previous years been awarded to Shell, a unit of Saudi Aramco and BP.

A short list from the wide pool of bidders is expected to be done soon by Guyana's National Procurement and Tender Administration Board.


(Reuters - Reporting by Kiana Wilburg, writing by Marianna Parraga)

Categories: Energy Deepwater Activity Oil South America

Related Stories

Shearwater to Proceed with 4D Survey for Petrobras in Campos Basin

Shell to Seek Suriname’s Approval for Four-Well Offshore Drilling Plan

Mandatory Turbine Upgrade Mandate Upsets Wind Industry

Current News

France Picks Ocean Winds for 250MW Floating Wind Farm in Mediterranean

Vestas Lands First 15MW Offshore Wind Turbine Order in Asia Pacific

EDF, Maple Power to Develop 250MW Floating Wind Farm in France

Shell Shuts Down Oil Processing Unit in Singapore Due to Suspected Leak

Subscribe for OE Digital E‑News